Teaching Responsibility

LJMU Schools involved in Delivery:

Civil Engineering and Built Environment

Learning Methods

Lecture

Seminar

Workshop

Module Offerings

4320BEUG-JAN-CTY

Aims

To develop an understanding of the principal valuation theory and methodology used in professional practice. To build competency in the practical application of valuation theory and techniques.

Learning Outcomes

1.
Describe and explain the principles of valuation theory with reference to commercial and residential property markets.
2.
Identify the different legal interests in real estate and recognise how these influence, and are accounted for, within the valuation process.
3.
Effectively apply valuation concepts and methodologies to the valuation of real estate.
4.
Display the ability to examine comparables, analyse data and effectively integrate findings and assumptions within the valuation of real estate interests.

Module Content

Outline Syllabus:
Introduction to the theory and application of the principal valuation methodologies including:
  • The Comparative Method
  • The Investment Method
  • The Receipts and Expenditure (Profits) Method
  • The Residual Method
  • Cost-based Methods
  • The Construction and Application of the Valuation Tables
  • Valuation Mathematics and the valuation of Freehold and Leasehold Interests
  • Lease Structures, Property Outgoings and valuation
Module Overview:
This module develops an understanding of the principal valuation theory and methodology used in professional practice. It also helps to build competency in the practical application of valuation theory and techniques.

 
Additional Information:
This module develops an understanding of valuation theory and methodologies and their practical application to the valuation of real estate.

Assessments

Test

Report